Light rare earth, lanthanide
What is praseodymium? Properties, uses, supply and price
Praseodymium (Pr) is a light rare earth element (atomic number 59), mined with neodymium and used with it in NdFeB magnets.
Facts from USGS Mineral Commodity Summaries 2026 · reviewed 28 October 2026
Praseodymium key facts
| Fact | Value |
|---|---|
| Symbol, atomic number | Pr, 59 |
| Group | Light rare earth (lanthanide) |
| Main end use | NdFeB magnets (as NdPr) |
| On the April 2025 Chinese list? | No |
| 2025 oxide average (USGS) | $74 per kg (99.99%) |
| NdPr oxide average (USGS) | $69 per kg (99%) |
Where praseodymium comes from
Sourced with neodymium
Praseodymium comes from the same bastnaesite and monazite as neodymium. Output cannot be raised independently of the rest of the light rare earth stream, which is why most supply is sold as NdPr oxide.
What praseodymium is used for
| End use | Weight | Detail |
|---|---|---|
| NdFeB magnets (as NdPr) | Main use | Part-substitutes neodymium in the magnet alloy |
| Glass and ceramics | Minor | Yellow-green pigments and welder-goggle glass |
Substitutes and recycling
Substitutes
Neodymium is the primary substitute in magnet alloys, and USGS notes that substitutes are generally less effective for other rare earth uses.
Recycling
Limited quantities are recovered from batteries and permanent magnets (USGS).
Policy and supply security
Supply security
Praseodymium follows the NdPr supply chain: separation capacity outside China and magnet production are the bottlenecks, not mining. See the neodymium page for the US stockpile and import data.
Dated events and export-control steps are on the China export-control timeline. Listed companies with exposure: Rare earth stocks with NdPr exposure.
Praseodymium: frequently asked questions
What is praseodymium used for?
In NdFeB magnets alongside neodymium, and in smaller amounts in glass and ceramic pigments.
Why is praseodymium sold with neodymium?
The two elements occur together, separate with difficulty and go into the same magnets, so producers sell them as NdPr oxide.
How much does praseodymium cost?
The reference price is $182.21 per kg as of 27 October 2026, +26.45% year to date.
Related elements
Sources
Information only, not investment advice. Reviewed 28 October 2026.